HB Restaurant Group Signs Agreement For 49 More Papa John's

HB Restaurant Group signs a 49-store development agreement with Papa John’s, expanding its growth strategy in Philadelphia and southern New Jersey.

Read the original at Franchising.com
HB Restaurant Group Signs Agreement For 49 More Papa John's

TL;DR

HB Restaurant Group signed a 49-store development agreement with Papa John's to expand in Philadelphia and southern New Jersey. The deal is Papa John's largest development agreement in two decades.

HB Restaurant Group is a multi-unit franchise group with 43 Papa John’s restaurants in the Mid-Atlantic area. Now the mega operator has signed the pizza brand’s largest development agreement in two decades. The deal calls for HB Restaurant Group to open 49 new stores in Philadelphia and southern New Jersey between 2021 and 2028.

Stuart Hunt, President, HB Restaurant Group, said, “We joined the Papa John’s system a year ago after seeing a tremendous opportunity to invest in and grow with a great brand. We are very excited to extend our growth strategy by developing new stores in a great market like Philadelphia and southern New Jersey. Papa John’s is built on supporting our neighbors where we are located, and we embrace these values. We look forward to becoming an integral part of our communities as we grow.”

Papa John’s has seen sales surge during the coronavirus pandemic with more consumers staying in and ordering out.

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In this story

This story was originally published in Franchising.com on September 17, 2020. Burnaze summarizes and links to the original reporting.

Read the full story at Franchising.com

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